3rd Jul 2015 07:00
LONDON (Alliance News) - Nutrition products company Provexis PLC on Friday said it has raised GBP280,000 via a placing on crowdfunding platform PrimaryBid.com.
Provexis has issued 62.2 million shares at 0.45 pence per share, a 22.4% discount to its closing price on Thursday.
The proceeds will be used for working capital purposes, including backing the company's blood pressure lowering collaboration with the University of Oslo in Norway.
By Sam Unsted; [email protected]; @SamUAtAlliance
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